Developer plans housing on former Carmel golf course
Carmel-based Old Town Development LLC is planning to transform the former Sunrise Golf Club into a residential community targeting empty nesters.
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You-review-it Tuesday: What did you do over the Memorial Day weekend?
Did you gawk at the 500 Festival Parade? Revisit the X-Men at the multiplex?
CEO pay at public companies crosses $10M mark
Propelled by a soaring stock market, the median pay package for a chief executive of a typical large public company rose above eight figures for the first time last year, an increase of 8.8 percent from 2012.
Indiana cities getting money to fight urban blight
Indianapolis, Lawrence, Gary and two other Indiana cities have received a total of about $15 million to help eliminate blighted and abandoned homes.
Cornerstone sinks $4M into Carmel medical office building
The Indianapolis-based developer bought the building on Old Meridian Street early this year from The Spine Institute—its only tenant at the time—and now has the facility fully leased.
Hearings set for Healthy Indiana Plan expansion
Two public hearings are scheduled this week on Gov. Mike Pence's plan to use Medicaid funds to expand the Healthy Indiana Plan to provide insurance under the federal health care overhaul.
Shine comes off privatization for state projects
New approaches to privatization have forced officials in Indiana and Illinois to rethink their funding plans for the 47-mile Illiana Expressway.
Hunter-Reay holds off Castroneves to win Indy 500
Ryan Hunter-Reay used a series of daredevil moves in the final laps to deny Helio Castroneves a chance at history on Sunday and became the first American since 2006 to win “The Greatest Spectacle in Racing.”
Irsay formally charged with two misdemeanors
Police had filed four preliminary felony counts of possession of a controlled substance, stemming from his intoxicated driving arrest near his home in March. Prosecutors took weeks before deciding to file the misdemeanor charges instead.
Notre Dame takes lacrosse’s lowest revenue into final four
The University of Notre Dame men’s lacrosse team had a $1.5 million loss last year, highest in the country and more than triple the combined losses of the three other schools competing for the national title this weekend.
Big-rig seller Stoops to unload six-location dealership
Stoops Freightliner, an Indianapolis truck and trailer dealer, has agreed to sell to a larger dealership after more than 25 years in business. Owner Jeff Stoops grew it into a $323 million firm with 563 employees.
Indy 500 revels in tradition, embraces changes
The hallowed race is straddling a fine line as it tries to please longtime devotees and makes a raft of upgrades to the track and viewing experience designed to secure new fans.
HDG Mansur affiliates file Chapter 11 to halt $5.8M judgment
The judgment in a New York court stems from allegations by a Sharia fund that the affiliates stole funds. HDG argued that it charged the additional fees to rectify a billing error.
Apartments may be added to Noblesville mixed-use project
The developer of a commercial project planned at State Road 37 and 146th Street is seeking a zoning change to add a 350-unit apartment complex to the mix.
PROXY CORNER: Stonegate Mortgage Corp.
Indianapolis-based Stonegate Mortgage Corp. originates, acquires, sells, finances and services residential mortgage loans in the United States.
Can Ball State University keep its vibrancy?
Incoming President Paul W. Ferguson must escape harsh realities to continue the university’s impressive gains.
Ex-Lilly partner wins latest suit over Actos’ cancer risk
Takeda Pharmaceutical was found not liable for the bladder cancer of two women who used its Actos diabetes medication in the company’s latest trial over the drug. Actos was marketed for Takeda in the United States by Eli Lilly and Co. from July 1999 to March 2006.
Construction
-Kort Builders has completed a 2,400-square-foot build-out for Coalition Pizza at 365 W. 116th St., Carmel.
-Kort Builders has completed a 3,000-square-foot build-out for Ossip Optometry at 1583 W. Oak St., Zionsville.
LOPRESTI: Victory Field is home to one of baseball’s rising stars, for now
Gregory Polanco is a special player. It won’t be long before he’s called up to the Majors.
People
Meyer Najem Construction executives Kevin McGovern and Chris McCracken have become partners at the company. McGovern is vice president of institutional projects and McCracken is vice president of health care.